NZD/USD Trade is a Short Term Base
28 Jan 2016 21:08, GMTDaily
Chart Prepared by Jamie Saettele, CMT
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-Since breaking the September-November trendline, NZD/USD triggered a double top with weakness below the November low. However, the 1/20 reversal and subsequent follow through casts double on the validity of the downside. The November low has influenced as support all week. As such, the pain is higher.
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